EAST GREENWICH, RI — The new Maintenance Performance Index (MPI) from EPAC Software Technologies Inc. has been named Plant Engineering magazine''s 2011 Product of the Year Grand Award winner, according to a press release.
The MPI is an exclusive feature of EPAC''s EAM/CMMS software that uses a unique scorecard methodology to measure overall maintenance performance against established program goals in key areas, including reliability, workforce productivity, materials management, customer service and financial performance, the release stated.
According to the release, as a result of MPI''s commonsense approach to measurement and inherent flexibility, plant and facility managers in industries as varied as manufacturing, government, healthcare, hospitality and service are able to use the grades to review and redirect maintenance program priorities.
"We are thrilled to win the Grand Award as it reinforces how important sound maintenance management is to the overall success of operating a business, as well as our leadership position in the field of enterprise asset management," said C. Paul Oberg, president and chief executive officer (CEO) of EPAC Software Technologies.
"MPI''s unique functionality offers an innovative approach to measuring maintenance performance and, ultimately, improving productivity, reducing costs and extending asset life," Oberg added.
Click here to read the complete release.